ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years from a converted California refinery starting in 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200811005575/en/ The renewable diesel will be sourced from a refinery acquired by Global Clean Energy in [...]
Bryan Milton, president of ExxonMobil Fuels & Lubricants, has announced his retirement, effective September 1, 2020. Exxon Mobil Corp.’s board of directors has appointed Ian Carr as president of ExxonMobil Fuels & Lubricants Company and elected him as vice president of Exxon Mobil Corp.. “We thank Bryan for his 34 years of dedicated service, most recently as the president of Fuels & Lubricants,” said Jack Williams, senior [...]
Exxon Mobil Corp. : First Second Quarter Quarter First Half 2020 2019 2020 2020 2019 Results Summary Earnings/ 3,130 5,480 Earnings/ Per Common Share Assuming Dilution 0.73 1.28 Identified Items Per Common Share Assuming Dilution 0.44 0.12 0.12 Earnings/ Excluding Identified Items Per Common Share Assuming Dilution 0.61 0.53 1.16 Capital and Exploration Expenditures 5,327 8,079 7,143 12,470 14,969 Exxon Mobil Corp. today [...]
The Board of Directors of Exxon Mobil Corp. today declared a cash dividend of $0.87 cents per share on the Common Stock, payable on September 10, 2020 to shareholders of record of Common Stock at the close of business on August 13, 2020. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2020. Through its dividends, the corporation has shared its success with its shareholders [...]
Exxon Mobil Corp. has received notice of an unsolicited mini-tender offer by Ponos Industries LLC to purchase up to 1 million shares of ExxonMobil common stock, which represents approximately 0.024 percent of the shares outstanding as of the April 27, 2020 offer date. Ponos' offer price of $48 per share is conditioned on the closing price per share exceeding $48 per share on the last day before the offer expires. This [...]
Exxon Mobil Corp. will release second quarter 2020 financial results on Friday, July 31, 2020. A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com. Neil Chapman, senior vice president, and Stephen Littleton, vice president and secretary, will review the results during a live, listen-only conference call at 8:30 a.m. CT. The presentation can be accessed via webcast or by [...]
Scientists from ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material that could capture more than 90 percent of CO2 emitted from industrial sources, such as natural gas-fired power plants, using low-temperature steam, requiring less energy for the overall carbon capture process. This press release features multimedia. View the full release here [...]
Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil. Laboratory tests indicate the patent-pending membrane could be used to replace some heat-intensive distillation at refineries in the years ahead. Results of [...]
ExxonMobil and Princeton University’s Andlinger Center for Energy and the Environment have renewed their collaboration to research lower-emission technologies and energy solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200702005074/en/ The new, five-year agreement builds on ExxonMobil’s participation in Princeton’s E-filliates Partnership, which began [...]
Twenty accredited Louisiana colleges and universities will receive more than $3 million as part of the ExxonMobil Foundation’s Educational Matching Gift Program. ExxonMobil employees and retirees contributed more than $850,000 to Louisiana colleges and universities, and those individual donations were matched by nearly $2.15 million in ExxonMobil Foundation grants. The ExxonMobil Foundation program matches individual [...]
More than 60 accredited Pennsylvania colleges and universities will receive more than $3.3 million as part of the ExxonMobil Foundation’s Educational Matching Gift Program. ExxonMobil employees and retirees contributed more than $900,000 to Pennsylvania colleges and universities, and those individual donations were matched by nearly $2.4 million in ExxonMobil Foundation grants. The ExxonMobil Foundation program matches [...]
More than 75 accredited New York colleges and universities will receive more than $3.5 million as part of the ExxonMobil Foundation’s Educational Matching Gift Program. ExxonMobil employees and retirees contributed more than $1.1 million to New York colleges and universities, and those individual donations were matched by $2.4 million in ExxonMobil Foundation grants. The ExxonMobil Foundation program matches individual [...]